BuzzFeed SPAC Presentation Deck

BuzzFeed Revenue Advertising % Growth Content % Growth Commerce % Growth Total Revenue % Growth Adj. EBITDA (1) % Growth % Margin 2019A Historical $176 13% 202 (8%) 47 48% $425 4% ($14) NM (3%) Summary Financials 2020A $198 13% 166 (18%) 57 20% $421 (1%) $17 NM 4% 2021E $261 32% 165 (1%) 95 67% $521 24% $57 246% 11% BuzzFeed Management Projections 2022E Note: 2019A and 2020A excludes HuffPost revenue and Adj. EBITDA. Pro Forma includes Complex, excludes go90. Values subject to rounding. Please refer to Adj. EBITDA reconciliation on p.38. (1) $316 21% 187 13% 150 59% $654 25% $117 106% 18% 2023E $387 22% 221 18% 225 50% $833 28% $187 59% 22% 2024E $463 20% 270 22% 330 47% $1,063 28% $263 41% 25% '20A - ¹24E CAGR 24% 13% 55% 26% 100% STRICTLY PRIVATE AND CONFIDENTIAL 35

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